Holdings of gold vs Holdings of btc - page 56.

batang_bitcoin

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Quote from: Hypnosis00 on May 18, 2017, 08:41:48 AM

Holding of gold is more like being stabled and not that high earnings because it is for long term as in very long term to just earn good amounts while if you hold bitcoin then you can earn up to 50% in less than a year which is very good rate for an investment and a competitor for gold also so i think more people will use bitcoin if they discover it and more people will invest in bitcoin rather than gold.

It is high earnings you only need to control yourself in able to get some decent profit in holding of gold. But in holding of bitcoin I will always prefer to do this because I know that in the end it is going to give me good me better profit. Although I'm only holding a few bitcoins in my wallet, still I know this is going to be profitable.

favila

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Quote from: investinator on May 18, 2017, 08:48:35 AM

Quote from: favila on May 18, 2017, 08:45:21 AM

Quote from: btcdevil on May 18, 2017, 07:46:45 AM

Quote from: favila on May 18, 2017, 06:42:41 AM

Quote from: roadbits on May 18, 2017, 06:25:49 AM

Quote from: bryant.coleman on May 18, 2017, 03:36:27 AM

Quote from: Humanxlemming on May 18, 2017, 02:45:48 AM

Quote from: CODE200 on May 17, 2017, 11:05:23 PM

I prefer holding bitcoin that Gold because bitcoin price is pumping and pumping and because the bitcoin has a limited volume with the characteristic of that then the bitcoin will undergo the supply and demand because of the limited supply. So the price of it will depend on the people who are supporting bitcoin so the price of the bitcoin will be pump as time pass by.

Well you have some point. That bitcoin still rising in this year. As of in january bitcoinprice took in $1100 i think and drop down to $888 then climb up to $1800 now..... And still more rising. Anyways Bitcoin is much more nice to hold than gold because you will see it thay bitcoin price in 2013 is just $1-$10 but now 1BTC is now $1800 and still more rising.

Do you think that this rise is going to last forever? I really doubt that. It is looking like a bubble right now. No one knows when the bubble is going to burst. Just be prepared, as I feel that a major correction can happen anytime in the next few weeks. But there is nothing to worry, if you have already done your bit of profit booking.

Yes bitcoin price is like a bubble in water, now it is growing big slowly, but one day it will burst so wait for that movement and before that make money how much it is possible. And gold is an evergreen product the will not pump like bitcoin, but it is stable at one decent price since many years. It will never fall like bitcoin.

Gold has been pumped and dumped many times over the decades so there is nothing stable about its price. Sure the volatility on bitcoin is bigger but that's because its marketcap is smaller so it takes less money to move the market, once bitcoin reaches a similar marketcap as gold the price will be just as "stable" which is to say not really stable but less volatile than now.

Bitcoin cannot match the same marketcap of gold because Bitcoin have maximum limit of Bitcoins but gold still have 3 times more then bitcoins value to be discovered. I will prefer both investment gold and bitcoin because both have their own benefits.

You just gave the exact reason why bitcoin should have a higher marketcap than gold, it has a hard limit which means no inflation. That brings more money to bitcoin and eventually there is little doubt it will surpass gold.

In other words gold is just as inflationary as fiat and the sooner people realize it the sooner it will crash back down to 200$. Bitcoin on the other hand is set to gain value faster than ever.

Plus gold doesn't have all the news, hype and developments seen in bitcoin and absolutely no value as a currency.

I don't think gold will crash I just don't think it will rise much further and bitcoin will get much more stable as its marketcap rises. Just compare bitcoin's volatility now compared to three years ago there is a clear trend of the higher the marketcap the less volatile it gets.

investinator